Dear All,
My company is paying fixed medical and Leave Travel allowance to the employee, which is payable after deduction of TDS. Is there any exemption under medical and leave travel allowance . If yes under which section of the income tax act.
Remember that amount is not reimbursed by employer.
Comany has contract with other co for transport of goods, driver of the truck is providign form no. 15I,however bills are raised by the transport company,
Whether TDS is deducted or not? & the same question is in applicability of Sec.40A(3) for payment exceeding Rs.20000.
We are paying Interest on Mumbai Muncipality Cess for 1998-2004 on 24/02/09. whether deduction is available under business income.
For period 2005-2008 Interest has not been paid but it has accrued. Whether deduction will be available on this?
Thanks & Rgards,
Abhishek
sir/ madam,
my bonus and ex-gratia amount declair but company said that this amount will pay to you in may 2009, so can this amount will be added in my salary when i calculate my taxable salary for the f.y 2008-09.
if return is filled on 02/02/2008 and due date of filing return is 31st July,2007 and Self Assessment Tax is paid on 07/07/2007.For how many months interest u/s 234A will be charged?pls rply its very urgent
Answer nowwhether salary more then Rs. 20000 can be paid in cash....???
Answer nowDear All,
Please let me know whether Dumper , Tractor are considered as Machinery or vehicle as far as TDS u/s 194-I is concerned.
Thanks in advance
Anand
Company voluntariliy follwoing AS 21 , 23 & 27 and preparing consolidated financial statements even if its not mandatory for this company. Whether auditor can sign such consolidated financial statements and whther company can submit same for ROC and other statutory purposes?
Answer nowwhat r the timings of orientation classes to b conducted before campus placements
hv anyone attended the last orientation class
please reply....
DEMAT ACCOUNT